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Laxman Pai, Opalesque Asia:

Tech veteran Apjit Walia, who had worked with global macro hedge funds including Caxton Associates and Moore Capital, is launching DVN Capital, a global macro and technology hedge fund.

According to a press release, Apjit brings over 20 years of experience researching technology companies as a sell-side analyst and running portfolios in the hedge fund industry.

He is well-known in the industry and has won numerous accolades for his work. During his tenure as a Managing Director in Technology Research at RBC Capital, Walia was named among "Best on the Street" in the Wall Street Journal's Best of the Street survey, said the release.

He graduated from the University of London specializing in Aeronautical Engineering. His deep expertise in technology and the global macro will help guide DVN Capital's investment strategy.

"We are very excited about the upcoming launch of DVN Capital and believe our distinct focus on the technology sector and its intersection with global macro will provide us with a differentiated investment construct. By combining these two uncorrelated return streams, we would aim to generate orthogonal returns," Apjit said.

DVN Capital is building a team of seasoned investment professionals with extensive experience in both technology and global macro. The team will employ a rigorous process to identify high-potential investment opportunities using AI as well as bottom-up research.

DVN Capital will inves......................

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